Download the Corporate Citizenship Review 1999 ... - SABMiller
Download the Corporate Citizenship Review 1999 ... - SABMiller
Download the Corporate Citizenship Review 1999 ... - SABMiller
You also want an ePaper? Increase the reach of your titles
YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.
Building<br />
<strong>the</strong> Bonds...<br />
Our People<br />
• E MPLOYEES<br />
• B RAND<br />
• I NDUSTRY<br />
• S UPPLIERS<br />
C ONSUMERS<br />
C USTOMERS<br />
SAB recognises that its commercial success depends on <strong>the</strong> full commitment of – and loyalty to – all employees,<br />
customers, consumers and suppliers.<br />
EMPLOYEE BALANCE SHEET<br />
The loyalty and dedication of our people have been key factors in <strong>the</strong><br />
prosperity of SAB since 1895. During <strong>the</strong> 1998/99 year under review,<br />
SAB had some 49,000 people working in 19 countries around<br />
<strong>the</strong> world. Of this total, 59 per cent have been with <strong>the</strong> Group<br />
for five years or more. During <strong>the</strong> review period, <strong>the</strong>se people<br />
BOBBY MALABIE IS THE NEW<br />
DISTRICT WEST DISTRICT MANAGER<br />
AT BEER SOUTH AFRICA AND<br />
RECENTLY ATTENDED A MARKETING<br />
MANAGEMENT COURSE AT HARVARD<br />
UNIVERSITY AS PART OF SAB’S KEY<br />
MANAGERS’ DEVELOPMENT<br />
PROGRAMME.<br />
received 33 per cent of <strong>the</strong> wealth created by <strong>the</strong> Group as direct remuneration and, since<br />
<strong>the</strong> inception of <strong>the</strong> Employee Share Plan in 1998, some 680 employees have exercised <strong>the</strong><br />
option to participate in this scheme. Over <strong>the</strong> past seven years, <strong>the</strong> price of SAB shares has recorded a compound<br />
growth rate of 15.1 per cent on <strong>the</strong> Johannesburg Stock Exchange and members of <strong>the</strong> share plan enjoy <strong>the</strong> benefit<br />
of a superior track record.<br />
PAGE TWELVE